# EGCO Group acquires 50% stake in 1,304 MW Compass Portfolio

EGCO Group, through its subsidiary EGCO Compass II, LLC, signed an agreement to acquire a 50% interest in the 1,304 MW Compass Portfolio of three natural gas-fired power plants in the northeastern US for an undisclosed amount.

- Type: Acquisition
- Announced: 2023-09-08
- Where: Pennsylvania and Massachusetts, USA, United States
- Status: announced
- Capacity: 1304 MW
- Products: natural gas-fired combined cycle power
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [EGCO Group](https://endata.com/companies/56750.md) (acquirer)
- [Lotus Infrastructure Partners](https://endata.com/companies/72510.md) (target)

## Sources

- [egco.com](https://www.egco.com/en/newsroom/press-releases/359/egco-group-bolsters-expansion-in-the-usa-with-acquisition-of-50-interest-in-1304-mw-compass-portfolio), 2023-09-11: "EGCO Group has further strengthened its presence in the USA through the acquisition of a 50% interest in the 1,304 MW Compass Portfolio."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.